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and maybe win some election. and two, perhaps pushing wound after wound on the economy is really not what folks sent us here to do. >> and ryan, the funny thing about this, this can end up being perceived as some sort of republican cave when they never should have taken a party position against raising the debt ceiling in the first place. so that doing the rational thing could actually simply look rational when they chose to do it. >> right, exactly. they -- if they had never made a big deal about this to begin with then they wouldn't be in this situation. now, obama kind of aided and abetted them because he wanted it to be the debt ceiling leverage that he kind of wanted this grand bargain in 2011. that never happened. since then, he has been consistent saying i am not going to mess around with the debt ceiling anymore. and good for him on that, you're right. as newt gingrich said, wisely and moderately and reasonably, he said don't pick this fight because you're going to lose it. don't create a national crisis around this that will only wind up with you caving. so just do it quietly, ea
, for our economy cannot be overstated. the sovereign debt of the united states, for it to be questions that we would pay our bills or not, is not a scenario that we want to go through as a country. that would really harm us. that said, as i was coming back on the train from new york, i shared this with those with me. i said you're going down this track at 130 miles an hour. what would cause the conductor, knowing that if he veers off on this next rail to the right and pulled the switch that would cause that to happen, even if he knew it would put the train at severe risk by veering off to the right, what would be the only reason a person would go off that course rather than go straight? and the reason is that there's a larger cavern, kind of a grand canyon that we are about to go off. here's what i have concluded as a businessman and a seasoned public servant. the music will stop at some point with respect to where we are. when we are pouring $1 trillion a year, 40 cents on the dollar, you cannot do that into perpetuity. the time for leadership is right now. the time to address this is
and partnering with things that are made in the usa. it's going to be just enormous for our economy. >> it's the largest company in world's history, walmart. they sell more food than -- food -- than any company in the world. >> i had no idea. >> that's how massive it is. 1.6 million employees. >> i think this could really make a difference in our economy. we need it. >>> all right. coming up, what happens when two retirees head to prison with their knitting kits. >> we'll show you those doing hard time with needles and yarn. you can't miss that. stay tuned. you're watching "world news now." stay tuned. you're watching "world news now." ♪ >>> good musical choice, huh? good musical choice. >> good stuff. all right. when you think about criminals serving time behind bars, you probably figure they're pumping iron or shooting hoops. >> and knitting is probably the last thing that comes to mind. two retirees are turning convicts into converts with yarn. here's abc's t.j. winnick with more. >> reporter: barbed wire fences, watchman towers, and a group of men with felony convictions. >> armed ki
that healthy ecosystems also can mean healthy economies. from louisiana, what we have taken -- what we believe is a very good first effort the addressing the vulnerabilities that exist in reducing that risk is with the state's matter of fact plan which is a long- term plan to reduce the economic significance and reduce the risk across the coast. we believe we can achieve protection for all coastal communities. it is that resource that is important. the states provide and the gulf provides to the nation, it if it is going to be afforded through the nation. we believe with this plan we can have sustainable healthy ecosystems but also healthy communities. there's an essence of -- there is a form of social engineering because if you can't ensure the communities, the supermarket, the schools, the things that the communities depend on, the communities will not survive. we want to make sure we will develop a healthy system but also healthy communities that can provide those resources. we have come a long way, it is not perfect but we have a plan to achieve this sustainability and protecting the commu
increase -- once you get economies of scale going it will increase the cost of the gun ten to 20%. >> i work here at the school for public health. i just had a comment about the large capacity magazines. i was in a discussion with some friends of mine who are law abiding gun enthusiasts about the large capacity magazines and they said you can ban the 40 round magazines, but they said if i wanted to kill a lot of people i could just have 310 round magazines i could pop onto my weapon. i saw some of the logic of what they were saying to the i guess my comment and my question would be it's a little hard for me to feel like we can make reasonable decent progress in reducing gun deaths when we live in a country where someone so many people think it is fair the constitutionally given right to own a machine that fires projectiles designed to kill large numbers of people. how are we going to make qualitative progress when we have so many people in such a large lobbying industry for the gun manufacturers that support that idea? thank you. >> a fi in the first comment. we are already making progr
is greater than our nation's economy exceeding our g.d.p. and we have on the floor floor toda legislation that calls upon our children and grandchildren even greater burdens of debt. it's time to end the credit card economics. we simply cannot afford to spend money that we are borrowing from countries like china on-line items we don't need and constitution isn't authorized to spend. my amendment strips one line item out of this bill. this is really low-hanging fruit. the sandy relief effort was increased by $1 million to boost the legal services corporation, massacre aiding as disaster relief and i thought we had a ban on earmarks in this congress. why is a bailout for new york lawyers emergency hurricane relief, even if you believe this is a legitimate government program which i don't, by the way, how can you argue that spending on lawyers is a legitimate emergency spending? let me say again, for $-- we are $16 trillion in debt, we are $16 trillion in debt, america. we simply cannot afford to continue like this. we cannot keep spending on money we don't have on things we can't afford and
on him and to what jay carney said about the president and the economy. >> shovel ready was not as shovel ready as we expected. >> the reelection was in some ways for all of us here, you know, a humbling experience because it was an assertion by the electorate to said despite how hard the last four years have been on this country because of the great economic crisis that we were in when the president took office, that the steps that we've taken have been the right steps, and more work needs to be done. >> more work needs to be done. when you talk to the president's top advisors, they say he wants to act quickly after the inaugural address and state of the union coming up in february to work on key domestic issues like immigration he reform, like gun control that he's been talking about throughout this week, but he realizes as well, they say, that he's got to keep his eye on the ball in terms of the economy, the jobs crisis, even though unemployment has gotten a little better in recent months, it's still obviously a very, very difficult situation all around the country, megyn. >> megyn: su
or to radically, giving too much money into many loans purses to few. banks are important part of the economy and the finance new job growth and the ability of people to buy a home, which is the largest single investment that they will make. we really need for them to be there to help the consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with these rules. financial institutions will complain about any regulation because they did not want to be subject to kinds of rules that instruct them in how to do their business. when you read the complaints from the financial industry, i would say we have to take some of those with a grain of salt. host: gretchen morgenson is the "the new york times" assistant business and financial editor. she was co-author of "reckless endangerment.' guest: who basically were the interco parties in creating the crisis decades later. host: don is next from clifton, virginia. caller: a good time to segue t
. the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >> welcome back. we're coming to you this morning live from newtown, connecticut. today marks one month since the tragic shootings that took so many young lives and so many lives overall. vice president joe biden is going to be meeting with the house of representatives, and finalize the recommendations that he'll give based on meetings that he has had with his gun task force and groups across the country. he is expected to recommend a couple of things. universal background checks and limiting high capacity magazines as well as encouraging more research into links between violent media and gun violence. >> first of all, it's sobering to be in this place here at this time. i just want to say that. i think the president is going to be more aggressive here in his second term on this. i mean, gun control is an issue that divides the country very closely. i think almost exactly in half. the reality is that the half of the country that
it is more do to the economy. people losing their jobs. they are turning to drugs to make money. crime and violence follows the drugs. guns do youkind of drug own? caller: some rifles, shotguns, and pistols. host: what do you use them for? caller: mostly hunting and target shooting. host: had you ever used one in self protection? caller: know i have not. they are all in a closet in a safe as we speak right now. host: thank you for calling in in this morning. jodi sends in this tweet -- from "politico" this morning -- you have probably heard about the nra had it they have put out. "washington journal >> are the president's kids more important than yours -- [video clip] >> are the president's kids more important than yours? mr. obama demands the wealthy pay their fair share of taxes. he is just another e list hypocrite when it comes to a fair share of security. protection for their kids, and the gun free zones for hours. host: josh in michigan city, indiana. good morning. caller: i have been listening to some of the calls coming in and have been watching what you were placing on tv. i ca
Search Results 0 to 11 of about 12 (some duplicates have been removed)